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News >> Business
Gold, silver decline on subdued offtake
  Gold prices fell at the domestic bullion market here today following subdued offtake from stockist and investors as well as muted demand from jewellers.Silver also followed suit amid weak buying from industrial units.Standard gold (99.5 purity) dippe...
Online EPF withdrawal, pension fixation to be a reality by May
  Retirement fund body EPFO is expected to launch online facility for settlement of claims, including EPF withdrawal and pension fixation, by May this year to put an end to tedious paper work by its members.At present, the Employees' Provident Fund Org...
Normalcy in currency operations restored: Jaitley
  Finance Minister Arun Jaitley on Friday said normalcy has been restored within few weeks of the unprecedented decision to recall 86 per cent of the currency in circulation and there is no shortage of notes in market.Currency note printing presses of ...
INR drops 7 paise against US dollar
  The INR depreciated 7 paise to 66.97 against the US dollar in early trade on Thursday on fresh demands for the American currency from importers and banks.Dealers attributed the INR's fall to fresh demands for the US currency from importers, but a hig...
'Differentiated tax in GST good for beverages sector'
  Amid proposal to impose higher taxes on aerated drinks in the upcoming GST, beverages major Coca-Cola India says it will be beneficial for the sector if the government differentiates products within new indirect tax regime based on sugar/calorie cont...
India hands over to the UK extradition request for Mallya
  India handed over to the UK an extradition request for absconding businessman Vijay Mallya who is facing cases of loan default and other financial irregularities."Today (Thursday), we handed over the request for extradition of Vijay Vittal Mallya whi...
RBI keeps status quo on policy, wants banks to lower rates
  RBI kept rates unchanged citing lack of clarity on macro front post note-ban and rising inflationary threat, even as it signalled a possible end to rate-cutting cycle by shunning long-held "accomodative" stance while Governor Urjit Patel nudged banks...
Reliance Aerostructure JV with Dassault Aviation gets CCI nod
  Reliance Infrastructure today said its defence unit Reliance Aerostructure Ltd's proposed joint venture with Dassault Aviation has received clearance from the Competition Commission of India (CCI)."Reliance Infrastructure Ltd-promoted Reliance Aerost...
Sensex climbs 161 pts on rate cut hope, positive global cues
  The benchmark BSE Sensex surged about 161 points to 28,401.47 in opening trade on monday as investors and funds widened their bets amid hopes of a rate cut by the Reserve Bank amid a firming trend in global markets.Moreover, the rupee appreciating by...
Economy to grow more than 7% next fiscal: Das
  Stepping up the growth pitch, Economic Affairs Secretary Shaktikanta Das today expressed confidence that the economy will grow upwards of 7 per cent next fiscal."For this year's GDP growth, we have to wait till March-end. But next year, it will be up...
 
 
 
           
 
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